Tuesday, March 5, 2024
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HomeTurbinebdVOLVO CARS GIVES EMPLOYEES 6 MONTHS’ PARENTAL LEAVE

VOLVO CARS GIVES EMPLOYEES 6 MONTHS’ PARENTAL LEAVE

Effective from 1 Apr 2021, over 40,000 employees are eligible worldwide, including Singapore, provided they have minimum 1 year’s service.The leaves are paid with 80 percent of employees’ base salary, and are applicable to either parent within first 3 years of parenthood. The policy takes inspiration from the brand’s home market – Sweden – where both parents have a total of 480 days’ leave by law.It helps to narrow the gender gap when it comes to parenting, and supports equal parenting for all genders.

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